Plains Exploration & Production Company

By Michael Erman and Julie Gordon May 17 (Reuters) - Freeport-McMoRan Copper & Gold Inc appears to be in a win-win situation as Plains Exploration shareholders prepare for Monday's vote on the miner's nearly $6 billion takeover bid, part of its...

(Reuters) - The chief executive of Plains Exploration & Production Co urged shareholders on Monday to vote in favor of Freeport McMoRan Copper & Gold Inc's proposed takeover of the energy company. The open letter from CEO James Flores follows...

May 6 (Reuters) - CR Intrinsic said on Monday it plans to vote against Freeport McMoRan Copper & Gold Inc's acquisition of Plains Exploration & Production Company because it undervalues the oil and gas company. The acquisition is part of Freeport's big...

* Gulf Coast gas processing plant to shut, curb oil output * Crude futures rally * Brent/U.S. crude spread narrows NEW YORK, May 2 (Reuters) - U.S. cash crude differentials strengthened on news of planned maintenance at a Mississippi gas processing plant...

It would be hard to find a lovelier spot to draw lines in the sand than East Beach on the day after Gov. Arnold Schwarzenegger opened the door to new offshore oil drilling for the first time in 40 years. Sunshine glinted off bright blue water. Beach...

SANTA BARBARA -- A Texas oil company has been given permission to expand its drilling off the coast of California's senic and environmentally sensitive Santa Barbara coastline. In a deal forged with the Envinronmental Defense Center, Houston-based Plains...

Republican politicians want to drill offshore. Democrats want to tax oil onshore. Both sides are right. And both sides are wrong because they basically oppose each other's position, especially in the state Assembly. In the Senate, there was enough...

In his latest budget proposal, Gov. Arnold Schwarzenegger is pushing legislation that he says would raise $1.8 billion for cash-strapped California by allowing the first new oil drilling project off the state's coast in 40 years. The governor's...

There's no place in the country, or possibly the world, where offshore oil drilling is as sticky a subject (literally and figuratively) as Santa Barbara. Forty years ago to the day last Wednesday, a gigantic spill from an ocean platform wrecked beaches,...

The narrow streets leading to Earl Ofari Hutchinson's house are scattered with wind chimes and bird houses and manicured topiaries that look as if they've been lifted from a Dr. Seuss book. The house number is painted on a little sign in the shape of a...